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Analysts Expect Ferrari’s Q3 EPS to Rise 33.4% Year-over-Year

John Parker
Analysts Expect Ferrari’s Q3 EPS to Rise 33.4% Year-over-Year

In the second quarter, Ferrari’s (RACE) adjusted EPS reached 0.84 euros (or $0.98), 17.0% higher than its adjusted EPS of 0.72 euros in the second quarter of 2017. The company beat Wall Street analysts’ EPS estimate of 0.80 euros. During the second-quarter earnings event, Ferrari’s management also confirmed its solid 2018 outlook.